Let's see what news publications could shake up the FX markets on this Wednesday, January 23rd. The UK CBI Industrial Trends Survey for January opens this agenda at 11 o'clock in the morning. Survey balance slipped in December from November's level of plus 10 and the downtrend is expected to continue this time around as well. The publication of the Canadian Retail Sales for November could then shake up the Loonie Dollar at 1:30 PM GMT. Sales were up by three tenths of a percent in October to 51 billion Canadian Dollars. Higher sales at motor vehicle and parts dealers and gasoline stations were the main contributors to the gain. The US House Price Index for November will then be available a half an hour later. Prices were up by point 3 percent in October and the last monthly contraction was posted in early 2014. Euro Zone Consumer Confidence update for January is up next at 3 PM. Consumer confidence continued deteriorating in December as the index dropped to minus 6.2. This was the seventh consecutive month in the red. The high importance Australian Labour Force Survey for December then wraps up this calendar at a half past midnight GMT. The seasonally adjusted employment was up by 37 thousand, pushing unemployment down to 5.1 percent.

 

This overview can be used only for informational purposes. Dukascopy SA is not responsible for any losses arising from any investment based on any recommendation, forecast or other information herein contained.

Analysis feed

Latest Forex Analysis

Editors’ Picks

EUR/USD flirts with 1.1100 as the dollar loses steam

The EUR/USD pair bounced from a daily low of 1.1065, as demand for the greenback receded during US trading hours. Upside caped for the shared currency amid fears of a German recession, Italian political turmoil.

EUR/USD News

GBP/USD pressures recent highs amid renewed Brexit hopes

Comments from German Chancellor Merkel gave the Pound a lift, as somehow she hinted that the EU would consider an alternative to the Irish backstop.

GBP/USD News

USD/JPY slides to 106.30 area as US T-bond yields turn south

10-year US Treasury bond yield erases Monday's recovery gains. US Dollar Index preserves strength to limit pair's losses. Risk sentiment is likely to continue to drive pair's action.

USD/JPY News

Top 3 Price Prediction Bitcoin, Ripple, Ethereum: Planning the next bullish move after consolidating gains

Trading cryptos is not a one-way street – meteoric unstoppable gains belong to the past. Nevertheless, the bullish sentiment seems to prevail. Digital coins advanced on Monday and are consolidating on Tuesday. 

Read more

Gold retreats from daily highs, continues to trade above $1,500

The XAU/USD pair took advantage of the risk-off flows earlier in the day and erased a large portion of the losses it suffered on Monday. After touching a daily high of $1,508.45, however, the precious metal lost its strength and edged lower toward the $1,500 handle. 

Gold News

Majors

Cryptocurrencies

Signatures